FROZEN MEAT MARKET

Otago Daily Times, Issue 21977, 12 June 1933, Page 12

FROZEN MEAT MARKET

(United Press Association.) (By Electric Telegraph—Copyright.)

LONDON. June 10. (Reccired Juno 11, at 7 p.m.) May 27. June 3. June 10. d. d. d.

FOREIGN EXCHANGES (British Official Wireless.) (United Press Association.) (By Electric Telegraph—Copyright.)

COTTON, RUBBER, ETC. (United Press Association.) (By Electric Telegraph—Copyright.) LONDON, June 10. (Received June 11, at 6.30 p.m.) Friday’s closing prices were:— Cotton; Spot. 6.12 d; July, 5.84 d. Rubber: Para, 5Jd; plantation smoked, 3ld. Jute: June-July, £l7 18s 9d. Hemp: June-July, £l4 10s. Copra: June-July South Sea, £ll 7s 6d; plantation Rabaul, £ll 10s. Linseed oil, £2l. Turpentine, 60s 3d. MOUNT LYELL SHARES (United Press Association.)' (By Electric Telegraph—Copyright.) LONDON, June 10. (Received June 11, at 6.30 p.m.) Mount Lyell, 18s 3d.

MINING 1 GOLDEN CENTRAL EXPLORATION, LTD. The Golden Central Exploration, Ltd., reports that it has secured a lease of great promise (the St. Paul’s mine near Charters Towers, Queensland), and is now securing three other leases in the rich goldfields of Central Otago, New Zealand (says Commercial Australia of May 31). Mr F. Yelverton Wilson, a director of this company, has .iust returned from New Zealand, where he arranged to secure for the company three areas between Matakanui and St. Bathaus, Central Otago, New Zealand. These areas will be approximately 1000, 500, and 300 acres respectively. These leases were secured from the New Zealand Government, which has given all possible assistance to the company. Dr Marsden, director of scientific research, and Mr MucPhersou, assistant Government geologist, have been temporarily released by the New Zealand Government and retained by the company to take charge of the operations being carried out. Over SO.OOOoz have been taken out of the Matakanui field, and that is only skimming the surface. The whole area secured by the company consists in tlie main of old river beds where Mr MacPherson has proved many rich deposits to be, on his geophysical surveys. A bore will be sunk to a depth of about 300 ft and this work will bo in progress shortly. BLACKWATBR MINES, LTD, The Blackwater Mines’ return for May is as follows: Crushed 4100 tons yielding 1932 fine ounces of gold from all sources, the value of which (taking gold at 115 s per fine ounce) was £11,117. Working costs were £5798, leaving an estimated working profit for the month of £5310. Development expenditure for the month was £764 and capital expenditure £l2ll. Review of development work carried out during May; No. 10 Level-North drive was advanced 30 feet on reef of average value of 12Jdwt over width of 12 inches. We have now reached a point on this level when we should meet with the better reef (Prohibition Block), shown in upper levels. No. 11 Level.—North drive was advanced 15 feet on reef of average value of 12£dwt over width of 14. inches. Battery Crosscut, North Drive. —The progress was 32 feet. Good reef track was still showing in the face. No. 12 Level, North Drive.—Work on this level was confined to rising for connection and taking of leading stopes. Both width and values in the rise were good and consistent with those on the level. No. 8 Crosscut to Prohibition Shaft.— The progress here was 36>) feet. Shaft Sinking (Prohibition). —Progress was 63 feet. The shaft is now completed to No. 8 level, the chamber sets stood, and work of cutting the plat commenced. MERCHANDISE MARKET Merchants continue to receive advice of advances in the prices of British and Eastern lines. These lines include Sicily, Jordan, and ground almonds, tartaric acid, sardines, bulk cornflour, sago, tapioca, pineapples, coconut, etc. The Ceylon and Indian tea markets continue firm so far as the lower grades are concerned. Higher grade teas are, if anything, easier. The Californian market for prunes and seedless raisin a continues finii* notwithstanding the change in the dollar value. Some merchants have not yet received their Mildura currants. The Kartigi, from Adelaide, Melbourne, and Hobart, is due here on the 16th, and she will bring supplies, shipped at Adelaide. Australian rice has advanced considerably in price. A shipment of Siam rice in half-cwt bags was landed ex the Waikouaiti, transhipped at Sydney. This vessel also brought shelled walnuts and Australian prunes. Guinea Gold cigarettes will be available on the market in 50’s from about June 16. Yellow Bird cigarette tobacco, loz packets, is now off the market. Milkeeze has been reduced in price. Roma tea has been reduced in price. The Northumberland brought supplies of ground almonds, carbonate of soda, Brazil nuts, and Camp coffee. Advice from an exporting- firm in the Straits Settlements states that owing to the unprofitable prices which have been ruling for pineapples, growers h.We unanimously decided to destroy 50 per cent, of their crops. This, decision, which is now being put into operation, hae, of course, resulted in canners putting up their prices. _ Several exporters have considered it advisable to purchase for stock, as the factors appear to be rather "bullish.” First, we have the Chinese bank willing to finance canners, and now the decision among all growers to pick only half their crops. The deciding factor, however, in influencing values will be demand, and up to the present 'we cannot report any marked activity on the part of buyers in Europe. The latest development is the appearance of a new cauner in the market who is underselling the others, and as a result of this competition prices here have- actually declined. UNITED STATES FLOUR. A shipment of 115 tons of United States flour hag been brought to the local market by the City of Tokio. FRUIT AND PRODUCE WORLD Reilly’s report selling:— Per Dozen.—Violets 2s 6d, 3s 6d. Sol de Orr 6s 6d, 9s. Creme 3s, 4s. Paper Whites 2s 6d, 3s. Honey, Mb pats 3s Gd. Cauliflowers 3s, 6s. Cabbage 3s, ss. Celery Is, 2s. Section honey Bs, 21b pottles 10s 6d. Mutton birds 4s 6d, 6s. Eggs: Poultry keepers Is 7d, Is 9d; preserved Is 2d. Gladioli conns 4s 6d, 40s. Roses 12s 6d to 20s; climbers 12s 6d to 245. Polyanthus 12s to 245. Each.—Champion egg crates 15s. Knapsack sprayer 15. Roses: Miss Australia ss; Mrs J. D. Eisele ss; Etoile de Hollande ss. Half-cases.—Pears: Winter Nebs Is 6d, 2s 6d: Winter Coles Is 6d, 2s. Passions, New Zealand, wanted. Cucumbers, hothouse ss, Bs. Bushel Gases.—Apples; Central Otago Jonathans 4s, Os 6d; Delicious 4s, 7s; Stunners ss, 7s; cookers, choice, 4s, ss; other 2s, 3s. Pears: Winter Nelis, Winter Cotes 4s, 6s; cookers 4s. Lemons: New Zealand 255, 28s; Californian 655. Poorman oranges 9s, 10s 6d. American Cases—Oranges: Valencias 40s; Island repacks 18s. Bananas: Ripe Niues 18s 6d. . Per Lb.—Bulk honey 4d, discoloured 3d. Artichokes Hd. Beeswax Is Id. Brussels sprouts. 3d. Green peas 3d, 4d. Grapes: Choice Gros Colmars Is 6cl, 2s; seconds 6d, Is. Walnuts 6d, 7d. French Beans: Hothouse Bd, Od. Cheese 7d. Butter: Storekeepers Bd. Tea: Orange Pekoe 2s. Porker and bacon pigs 4d, sd. Bacon: Prime 9d; hams 11a. Tomatoes: Locals, extra choice, 71d, lOd; Medium 4d, 6d: Christchurch, choice, 41d, 6Jd; medium 2d, 3d. Pumpkins 6s. Potatoes 4s 6d. Onions: Canterbury 6s. Oyster grit 6a 6d. Marrows 6s. Woodwool 28s. Bluestone, Macclesfield, 42s 6d. Pie melons 8s 6d. Olive oil 10s gallon. Semesan and Granosan, 2oz 2s 3d, Jib.7s 6d, 11b 12s, slb 555, 251 b 2455. Fruit wraps 3s Cd ream. Yallo Giraffe lime sulphur, 8 gallons 2s 3d, barrels Is 9d. Black Leaf "40”: American, 101 b 525, 51b 30s, Hb 8s 6d, Mb 4s 6d; British, 101 b 50s, 51b 27s 6d, 11b 7s 6d. Wheat: Choice Canterbury 4s, 4s 6d; seconds 3s 6d. Partridge peas 4s 6d. Kibbled maize 6s. Oats: “A” Cartons la 9d,' “B ” Is 6d. Crushed oats 11s. Cross Keys meatmeal ICs. Firewood blocks 2a 6d. Manuka tomato stakes 8s per 100. Acorn buttermilk powder 3d per lb. . Palmer’s chick food, 1001 b 17s 6d, 50lb 10s 6d. 251 b 6s. Per Ton. —Bran £5. Pollard £6. Straw: Whoaten £2 10s: oaten £2 15s. Hay £4, Oatsheaf chaff £3 10s, ex store £4. Oatmeal £lB. Per Pair. —Poultry: 111 hens at 3s to 6s, 87 cockerels at 2s 8d to 10s, 23 clucks at 5s 4cl to 6s 6c], 14 bantams at Is to Is Bd, 5 pullets at 8s 6d, 1 hen and 0 chicks 3s, 2 turkeys at lOd per lb. REILLY’S CENTRAL PRODUCE MART, LTD., Moray place, Dunedin.

X.Z. Slice))— (Per lb.) Canterbury and North Island selected crossbred wethers and maiden owes— 4S-50II) s% 4 57-C41U 3 314 North Island; 274 314 4S-5Glb 33£ 314 3 7 /a 57-0411) - Vs 2~§ 3 1 /-} H5-72Ib 2% 2 % 314 Ewes: 4 Sib and under .. .. SVi — 314 49-Mlb 2 % 211 3 05-7211) 214 214 N.Z, Lambs— Canterbury: SOlb and under .. .. 57* 614 014 37-4211) 5Vh 514 014 43-50U) Second quality: 474 5 V, 5vi Average 321b 51a 514 511 Other South Island brands— 301h and under .. . 5% 614 614 37-421b 514 514 57a 43-5011) 47* 5 Vb 5 **4 Selected North Island brands, including downs— tJGIb and under .. .. 0 oil G r 7* S7-421b 5 5°/a oil 43-501b Second quality: 4% 514 bv'l Average 321b Other North Island brands — .514 514 57a First quality; 301b and under 5% — gv 8 37-4211) 5 5 6 43-5011) — — — Second quality: Average 321b 514 514 511 Australian Sheep— First quality crossbred and/or merino wethers: 40-OBlb 3 314 314 Second quality: 30-551b 314 314 3U Ewes: 30-551b S 314 , o’/g Australian Lambs— Victorian— First quality; • SOIb and under .. .. 514 514 5 7a 37-42lb 4% 5 5% Second quality: « 301b and under .. •. Other States — 614 514 First quality: soil) and under .. .. 6 514 514 37-42lb .. .. .. .. 414 474 514 Second quality: "Gib and under .. .. 514 514 514 All States— Tbild quality 514 514 Argentine Sheep— First quality crossbred wethers: 48-0411) 314 05-721b 214 214 Argentina Lambs— First quality: 36!b and under .. .. 6 (4 514 514 37-421b 414 5 514 43-5011) — — Second qualify: Average 2Slb 514 514 514 Patagonian Sheep— Wethers and/or maiden ewes: Under 501b 314 314 50-001b i 3 3 40-501b 314 314 314. Patagonian Lambs— First quality: . SOU) and under .. .. 474 oVh 514 37-42Ib .. Second quality: 414 474 514 Average 301b .. .. 8 514 5 14 New Zealand Frozen Beef — Ox fores (XG0-2201b) .. 214 214 2Va Ox hinds (100-2201b) .. 3 — 214 Argentine Chilled Beef - Or fores (100-2201b) 214 s 214 Ox hinda (100-220Ib) .. 5 514 474 Australian Frozen Beef— Ox crops (1001b A under) 214 214 214 Or crops (over 3001b) .. 214 214 214 Ox hinds (1001b & iy?der) 2% 214 Or hinds (over ICOIb) .. 274 274 New Zealand Figs— First quality; 60-80Ib 414 414 — SMOOlb 414 414 — 101-120Ib 414 414 — Australian Pigs— First quality: 80-10011) 414 414 —• 101-1201b .. 414 4H

RUGBY, June 10. (Received June 1C I, at 5 p.m.) Paris — Par. June 8. June 9. Francs to SI .. 124.21 85% 83 13-16 Brussels — 24.21} Belgas to S1 .. 35 24.19} Oslo— 19.80 Kroner to £1 .. 18.189 19.80 Stockholm — 19 18-32 •Kroner to £1 .. 18.150 19.40 Copenhagen— 22.42} 22.45 Kroner to £ 1 .. 18.150 Berlin —- 14.45 Marks to fi 1 .. 20.43 14.55} Montreal — 4.SS Dollars to £1 .. 4.86 2-8 4.64 New York— 3 4.111 4.11} Dollars to £1 .. 4.86 2Yokohama — 14 81-32 14 31-32 Pence to yen 24.582 Hongkong— Pence to dollars 24.68 16 13-16 16 13-16 Bombay— 18 5-84 18 5-84 Pence to rupee — Batavia— 12.10 , Florins to £1 — ~ —•• Milan— Lire to £1 .. 82.46 84 13-10 64% Amsterdam— 8.38 8.40 Guilder to £1 12.107 Prague— 113% 113} Kroner to £ 1 . • 104} Geneva — 17.42} 17.50 Francs to £1 .. 25.22} Vienna— 30} Schillings to £1 84.86} 30} Helsingfors— 226} 226} Marks to £1 .. 193.23 Madrid — 39 7-18 39 7-16 Pesetas to £1 25.23} Belgrade— 250 240 Dinars to £ 1 .. 25.22} Athens— , Drachma to £1 375 590 590 Lisbon — 110 110 Escudos to £1 110 Bucharest — 572} 570 Lei to £ 1 • • 931.6 Rio dc Janeiro— 8.890 41 41 Pence to mllreis Buenos Aires— 41} 41 3-16 Pence to pesos 47.28 Shanghai— 15 3-16 16} Pence to tael .. — Montevideo — 34 84 Pence to pesos — Warsaw — Zlotys to £ 1 .. — —